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Shenzhen Composite Index

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843 stories mentioning Shenzhen Composite IndexUpdated just now

Trading amid mixed May data from China, including faster industrial production growth but falling fixed-asset investment and retail sales.

Asia

Liquidity Measures Lift China Stocks; Fujian Funeng Up 3%

Chinese equities finished Wednesday's session higher, supported by fresh liquidity measures from the central bank.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 0.4% higher to 3,828.47. The Shenzhen Component Index climbed 1.1% to 13,658.44.The People's Bank of China conducted 206.5 billion yuan in seven-day reverse repos at 1.40%, alongside an additional 600 billion yuan via an overnight facility, though the latter's rate was not disclosed, Reuters reported.The central bank had previously signaled it would inject 2.1 trillion yuan in total via overnight repos from July 29 through Aug. 3.However, market sentiment was tempered by news that the U.S. Federal Communications Commission is targeting imports of robotics and inverters from China. The FCC updated its "Covered List" to include imports of new robots and power inverters, with the latest restrictions aiming to target Chinese cybersecurity risks while pressuring firms to bring artificial intelligence manufacturing to the U.S.In company news, Fujian Funeng (SHA:600483) signed a letter of intent to wholly sell loss-making textile subsidiary Funeng Nanfang to its indirect controlling shareholder, Energy and Petrochemical Group. Shares of the power producer closed 3% higher Wednesday.

Shanghai Composite^SZSESHA:600483
Asia

Market Chatter: Jack Ma-Backed OceanBase Seeks Up to 3 Billion Yuan in Funding Round for AI Boost

AI database service company Beijing OceanBase Technology is in talks to raise between 2 billion yuan and 3 billion yuan from a series A funding round, Bloomberg reported Wednesday, citing people familiar with the matter.The Jack Ma-backed company is improving its AI analytics capabilities and boosting its handling of semi-structured and unstructured data, according to the report.OceanBase was initially built to help with Ant Group's internal database management in 2010, according to the report.The AI database company did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
Asia

New US Restrictions Target Chinese Robotics, Inverter Imports

The U.S. Federal Communications Commission on Tuesday updated its "Covered List" to include imports of new robots and power inverters, according to a same-day government document.The latest restrictions target Chinese cybersecurity risks while pressuring firms to bring artificial intelligence manufacturing to the U.S, Reuters reported."These devices could create supply chain vulnerabilities that could disrupt U.S. economic and national security and could create a cybersecurity risk that threatened ​American critical infrastructure," the FCC said.

Shanghai Composite^SZSE
Asia

Chinese Shares Open Mixed as Consumer Stocks Offset Tech Decline

Chinese shares opened mixed on Wednesday as consumer-oriented stocks counterbalanced the tech selloff.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.3% higher to 3,823.29. The Shenzhen Component Index ticked down 0.1% to 13,498.75.In recent trading days, sectors such as tourism and hotel, retail, liquor, and textile and apparel performed strongly in China's equities market, according to Jufeng Investment Consulting.These sectors offset the tech selloff that stemmed from market fears over artificial intelligence circular financing related to Nvidia negotiating a $250 billion backstop for OpenAI's Ohio data center project."With the implementation of a series of counter-cyclical adjustment policies, the A-share market has moved from its bottom into a bull market phase. However, after continuous gains, it faces short-term profit-taking pressure at high levels," Jufeng Investment Consulting said.

Shanghai Composite^SZSE
Asia

Market Chatter: Shein Faces US FTC Consumer Protection Probe

The U.S. Federal Trade Commission confirmed that fast-fashion giant Shein is under investigation over potential consumer protection issues, Reuters reported Tuesday.The probe could result in a settlement or other action requiring significant payments that may materially affect its financial position and operating results, Shein said in a post-hearing information pack published Sunday on the Hong Kong bourse.The disclosure comes as the retailer pivots its planned initial public offering to Hong Kong after regulatory hurdles complicated proposed listings in New York and London, including disagreements over supply-chain risk disclosures related to alleged Uyghur forced labor.Shein did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Hang SengShanghai Composite^SZSE
Asia

China Shares Fall on AI Circular Financing Fears; Xinyaqiang Silicon Chemistry Down 6%

Chinese shares fell on Tuesday as investor anxiety over artificial intelligence infrastructure financing triggered a broad selloff of technology stocks.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 1.2% lower to 3,823.13. The Shenzhen Component Index dropped 4.5% to 13,509.68.The SSE STAR 50 Index (SSE:000688), the benchmark for the 50 largest science and technology companies on the Shanghai bourse, fell 6.3% at market close.Market anxiety over tech stocks grew over reports that Nvidia is negotiating a $250 billion backstop for OpenAI's Ohio data center project. The proposed guarantee is intended to back the project's lease obligations and construction-related debt, rather than the Nvidia chips installed at the facility, CNBC reported.CNBC's Jim Cramer said when suppliers finance customers' purchases, history shows deals can unravel when cash-strapped buyers can no longer pay, inflicting heavy losses on suppliers and investors alike.In company news, Xinyaqiang Silicon Chemistry (SHA:603155) posted first-half total sales revenue of 305.4 million yuan from 8,059 tons of products sold. Shares of the chemical company were down 6% Tuesday.

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Asia

Market Chatter: China Begins Producing Homegrown DUV Lithography Machines

A Chinese state-backed company has begun manufacturing immersion deep ultraviolet lithography machines, equipment largely supplied by Dutch company ASML, The Information reported Monday, citing two people familiar with the situation.The machines are set to be delivered to Semiconductor Manufacturing International (HKG:0981, SHA:688981), Hua Hong Semiconductor (HKG:1347, SHA:688347), and newly listed ChangXin Memory Technologies (SHA:688825), according to the report, citing the sources.The homegrown DUV tools are expected to help reduce China's reliance on foreign technology for chip manufacturing, the report said.ASML, Hua Hong Semiconductor, SMIC, and CXMT did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSEHKG:0981HKG:1347SHA:688347SHA:688825SHA:688981
Asia

Market Chatter: US Probes Vietnam Factories for China Links

U.S. customs officials have inspected China-linked factories in Vietnam, checking documents, materials and production processes to verify value-added content and potential software intellectual property violations, Bloomberg News reported Tuesday.The probes heighten fears Washington may expand tariffs on Hanoi amid delicate trade talks, according to the report.No significant evidence of Chinese goods transshipping through Vietnam has been found yet, Bloomberg wrote.U.S. Customs and Border Protection and Vietnam's Ministry of Foreign Affairs did not immediately respond to' requests for comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
Asia

China Slams US on Potential Probe Over Chinese AI Models' Distillation

China said it would take "all necessary measures" to safeguard its interests over the possibility of the U.S. imposing sanctions on Chinese artificial intelligence companies for distilling American models, a spokesman for the Ministry of Commerce said in a Monday press conference.U.S. Treasury Secretary Scott Bessent last week said the government plans to launch a probe into Chinese AI models for "stealing" the capabilities of U.S. models, according to a report from CNBC.The Commerce spokesperson said the accusation lacks "factual basis and legal support" and that it constitutes "double standards in practice, representing typical acts of AI hegemony".

Shanghai Composite^SZSE
Asia

China Shares Slide at Open on Global Semiconductor Selloff

Chinese equities opened lower on Tuesday, dragged down by a broader global selloff in semiconductor and technology stocks.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.9% lower to 3,823.13. The tech-heavy Shenzhen Component Index dropped 2.3% to start the session at 13,830.35.Chip stocks fell sharply worldwide after renewed concerns over the sustainability of massive spending on artificial intelligence, Reuters reported.The selloff spread across Asia, with the SSE STAR 50 Index (SHA:000688), the benchmark for the 50 largest science and technology companies on the Shanghai bourse, dropping 2.9% at market open.

Shanghai Composite^SZSESHA:000688
International

Asia Week Ahead: U.S. Interest Rate Decision, Japan's Data Deluge, Industrial Output

Several key data releases are scheduled this week, with a decision by the U.S. Federal Reserve on Wednesday regarding interest rates taking center stage.The economic release calendar will gain momentum as the week progresses.Following business and consumer confidence survey reports, industrial and production data, and import and export prices, the bulk of economic disclosures will be released Friday.Japan is set to announce an interest rate decision at the end of the week. The week ahead also features the usual end-of-month data deluge from Japan that could provide insights into its economic health and potential monetary policy direction.MONDAY, July 27The Monetary Authority of Singapore (MAS) tightened monetary policy for a second straight review, slightly raising the rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band.Meanwhile, the city-state's manufacturing output rose 7.2% year over year in June, slowing from a revised 17.8% increase in May and missing the 9% forecast of Trading Economics.Elsewhere, profits of China's major industrial firms grew 15.1% year over year in June, softer than the 21.1% gain in May.TUESDAY, July 28India is expected to see a year-over-year rise of 5.3% in industrial production in June, according to economists at ING. Manufacturing production is projected to increase 5%, based on a Trading Economics forecast.South Korea will release consumer confidence data.WEDNESDAY, JULY 29Markets will be on the lookout for the U.S. Fed's interest rate decision, with Investing.com and Westpac expecting the regulator to keep the policy unchanged for the fifth straight meeting.Elsewhere, Singapore is set to release domestic supply and manufactured products price index data, as well as export and import price figures.THURSDAY, July 30South Korea will release its business confidence report, while Japan publishes its consumer confidence data.Singapore will report its unemployment statistics for June, with Investing.com projecting a 2.1% rise.FRIDAY, JULY 31Japan is expected to keep its interest rate steady at 1%, according to predictions by ING and Investing.com.Japan's Usual End-of-Month Data DelugeInflation: Tokyo inflation figures will give further insights into Japan's inflation outlook. Tokyo's annual inflation rate is estimated to rise slightly to 1.8% in July, according to market consensus forecast data quoted by ING and Westpac Economics.Retail Performance: June retail sales are expected to increase 2.8% year over year, according to a Trading economics consensus.Activity: Industrial production is estimated to increase 1.8% compared with a 2.1% decline a year prior.Unemployment: Japan's unemployment rate will likely remain unchanged in the month at 2.5%, according to a Trading Economics consensus.Elsewhere, experts at ING forecast a slowdown of China's manufacturing PMI to 50.1 in July from 50.3 the previous month. Non-manufacturing PMI is expected to decelerate to 50 from 50.2 in the previous month.ANZ Research, however, projects manufacturing PMI to fall to 49.9 amid a correction in commodity prices, which dampened business sentiment and corporate profit outlook, the Wall Street Journal reported citing Senior Rates Strategist Jennifer Kusuma.Westpac Economics sees manufacturing activity as broadly stable, alongside a focus on domestic demand for services.Other key indicators due Friday are South Korea's industrial output and retail sales data for June, as well as Singapore's business confidence report for the second quarter.

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Asia

CXMT Debut Drives China Equities Rally; MaxOne Semiconductor Suzhou Up 8%

Chinese shares closed higher on Monday, as the blockbuster debut of memory chipmaker ChangXin Memory Technologies (SHA:688825) or CXMT, revived investor sentiment and reassured markets despite initial fears of a liquidity drain.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 1.2% higher to 3,858.25. The Shenzhen Component Index jumped 2.7% to 14,148.73.CXMT jumped as much as 535% to 55.03 yuan per share on its first day of trading on the Shanghai bourse. The stock eventually closed at 49.00 yuan apiece, up 466% from the chipmaker's initial public offering price of 8.66 yuan apiece.The rally made CXMT the most valuable stock in China, according to FactSet data. Previously it was Contemporary Amperex Technology (SHE:300750) or CATL in Shenzhen and Industrial and Commercial Bank of China (SHA:601398) or ICBC in Shanghai.The debut, following Asia's biggest IPO this year, provided a much-needed boost to a market that had lost over $1.5 trillion in value earlier in July amid tech selloffs and geopolitical tensions, ETMarkets reported.In other company news, MaxOne Semiconductor Suzhou (SHA:688809) plans to use 1.03 billion yuan in excess initial public offering proceeds to fund two probe card manufacturing projects, while postponing the usable state date of its Nantong research and development and production facility to December 2027 from November 2026. Shares of the semiconductor testing company rose 8% Monday.

Shanghai Composite^SZSESHA:601398SHA:688809SHA:688825SHE:300750
Asia

Shein Posts $99 Million Q1 Loss Ahead of Hong Kong IPO

Shein Global Holdings swung to an attributable net loss of $99 million in the first quarter, compared with a net profit of $395 million in the same period a year earlier, according to financial disclosures released ahead of its planned Hong Kong listing.The fast-fashion retailer's first-quarter net revenue rose 1.1% to $9.05 billion from $8.95 billion in the previous year.The Q1 figures follow a drop in annual earnings, with attributable net profit for the full year 2025 slipping to $2.06 billion from $3.37 billion in 2024.The company plans to list as early as August, aiming to raise between $2 billion and $3 billion, Bloomberg reported, citing sources.

Hang SengShanghai Composite^SZSE
Asia

Market Chatter: Chinese Probes Securities Watchdog's Former Vice Chairman

China is investigating a former vice chairman of the China Securities Regulatory Commission over suspected "serious violations" of the law, according to state media CCTV on late Friday.Former Vice Chairman Fang Xinghai is currently being probed by the Central Commission for Discipline Inspection and the National Commission of Supervision, without further detailing the charges, the media outlet said.Fang, who joined the CSRC in 2015, was removed from the post in 2024 without disclosing the reasons, Bloomberg News reported.The CSRC did not respond to' request for comment on the matter.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
International

Market Chatter: Chinese Gold Imports Reach Two-Year High in June

China's gold imports reached a two-year high of about 173.3 tons in June, Bloomberg reported Friday, citing the General Administration of Customs.The amount increased from 162.6 tons in the previous month, according to the report.Bullion-backed exchange-traded funds saw net inflows of 28 tons this year, Bloomberg said, citing the Shanghai Gold Exchange.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
Asia

European Commission Finds TikTok in Breach of Laws Over Minors' Account Safety

The European Commission issued preliminary findings that TikTok's account settings for minors breach the Digital Services Act (DSA) by exposing young users to cyberbullying and predatory risks.Regulators found that the platform fails to meet the DSA's strict privacy standards because minors can set their accounts to "public," making their content visible to strangers and non-users. Additionally, the Commission noted that even private accounts remain easily discoverable through other users' follower lists.A TikTok spokesperson toldthat the company will review the findings while exercising its right of defense.The spokesperson also noted that teen accounts feature over 50 preset safety tools, are set to private by default, and heavily restrict direct messaging, feed recommendations, and LIVE access based on the user's age.

Shanghai Composite^SZSE
Asia

China Shares Open Lower as Chip Giant CXMT Starts Trading

Chinese shares opened lower on Monday following the debut of ChangXin Memory Technologies (SHA:688825) or CXMT, which analysts say drained some liquidity from the wider Chinese market.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.1% lower to 3,808.90. The Shenzhen Component Index slipped 6.08 points to 13,768.60.CXMT was valued at about 579 billion yuan at the IPO price, raising 57.9 billion yuan in proceeds.Its shares opened at 49.50 yuan apiece on their first day of trading on the Shanghai Stock Exchange, marking a jump of 472% from the IPO price of 8.66 yuan per share.Reuters reported, citing analysts at HSBC Qianhai Securities, that the sizeable IPO is likely to divert capital away from the broader market both ahead of and during its first trading session.

Shanghai Composite^SZSESHA:688825
Asia

Market Chatter: DeepSeek Halts Second Fundraiser Following US-China AI Competition Comments

DeepSeek paused its second fundraising round after comments said to have come from founder Liang Wenfeng about the artificial intelligence competition between the U.S. and China went viral, Bloomberg reported Saturday, citing people familiar with the matter.The Chinese AI startup verbally informed investors about the suspension partly due to Liang's reaction to online reports about his comments during DeepSeek's first funding round that raised $7 billion, the report said.DeepSeek could still choose to proceed, as negotiations are still flexible, the report said.The AI lab did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
International

China's Industrial Profits Growth Slows in June

Profits of China's major industrial firms rose 15.1% year over year in June, softer than the 21.1% gain in May, according to data from the National Bureau of Statistics (NBS) released on Monday.In the first half of 2026, industrial profits jumped 18.7% year over year to 3.948 trillion yuan, slowing from 18.8% in the previous five-month period. It missed the Trading Economics forecast for a 19.2% growth.From January to June, the mining industry achieved a total profit of 574.5 billion yuan, up 33.5% year over year, while the manufacturing industry's profit grew 20.1% to 2.971 trillion yuan.Meanwhile, the electricity, heat, gas and water production and supply industry recorded a total profit of 402.27 billion yuan, a decrease of 4.2%.

Shanghai Composite^SZSE
International

China Adds 14 EU Entities to Export Control List

China added 14 European Union entities to its export control list, banning the export of dual-use items to the organizations with immediate effect, according to a Ministry of Commerce release issued Friday.The targeted entities include Germany's Rheinmetall AG, Italy's Lafert SpA, France's III-V Lab, Poland's Vigo Photonics SA, and the Netherlands' IHC Merwede.Under the measures, exporters are prohibited from supplying dual-use items to the listed entities, while foreign organizations and individuals are barred from transferring or providing China-origin dual-use items to them.Existing related activities must cease immediately, the statement added.The Ministry of Commerce said exporters requiring exemptions under special circumstances must apply for approval.

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